Corebridge Financial Inc.

06/08/2024 | Press release | Distributed by Public on 06/08/2024 17:01

Material Agreement Form 8 K

Item 1.01 Entry into a Material Definitive Agreement.
On August 5, 2024, Corebridge Financial, Inc. (the "Company") entered into a Share Repurchase Agreement (the "Share Repurchase Agreement") with American International Group, Inc. ("AIG"). The per share purchase price will be $24.90, the closing price of the Company's common stock on the New York Stock Exchange on August 5, 2024. Pursuant to the Share Repurchase Agreement, the Company is expected to, subject to customary closing conditions, complete the repurchase of shares of its common stock for an aggregate purchase price of approximately $200 million on August 7, 2024.
The description of the Share Repurchase Agreement in this report is qualified in its entirety by reference to the full text of the Share Repurchase Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein.